Funding package made up of new and previously announced investments

Wafer Scale Engine processors provide both training and inferencing capabilities

Chipmaker has 28 days to make a decision

Funds will be used to support company’s growth in the US

Achievement took place at the UK’s National Quantum Computing Centre

The chip is expected to be available before the end of the year

Will provide UK organizations with access to EuroHPC research grants

Company has also appointed new CFO and board member

Has signed a lease to take over new building at Peterhouse Technology Park

Details of the investment have not been disclosed

Claims chips are 100x faster than “current state of the art” offerings

The Chinese-government backed parent company has been accused of asset stripping and IP transfer during its time as owners

First phase of planned £1bn cash injection

Projects expected to align with government’s five quantum missions

Says the system has “quantum-enhanced machine learning capabilities”

System currently undergoing “significant upgrades”

Will house 12 quantum computers

Chips will be used for military applications

Was one of the world’s first Arm-based supercomputers at launch

Test Drive program will be available to customers via remote access

Will provide four times the performance of predecessor

Considering whether the transaction could lessen competition in the UK

Project has been scrapped by Labour government

Workers who are approved for the scheme will leave company on September 30